has anyone ever heard of a commercial coin op dryer drawing more electricity than a regular dryer? I have a 4 plex where tenants pay their own hydro and all I pay is laundry and lights in the basement, hallway and front door. The hallway and exterior lights are on motion detectors and timers so...

QUOTE (investmart @ Aug 11 2010, 10:17 PM) Hi All, Which of the following 2 buildings would you prefer buying: - 8 units building. all 8 are residential OR - 8 Units building: 6 residential and 2 commercial units. Please assume everything else is the same: financing, neighborhood, price...

QUOTE (Luong98 @ Aug 4 2010, 12:21 AM) No, I have not but I`ll try this. I am considering this but before I go there I want to know if there`s another option to resolve this where I can still keep both of my tenants. What`s your budget? You can get soundproof drywall, Quietrock is one of the...

QUOTE (jseib @ Aug 1 2010, 10:40 AM) When I was a teenager I started a local classified ads site.. This is back before kijiji and craigslist dominated the market.. Anyways the problem I faced was noone wanted to post ads on an empty site.. So I copied ads from other classified ad sites for about...

QUOTE (ChrisDavies @ Aug 1 2010, 07:10 AM) They found you a renter, where`s the problem? Scraping is a common problem online, and you`re not likely to get a reply from Urban. The pull content from around the web, hoping to get traffic from search engines, so they can sell ads. The problem is...

okay, so I got an email today from someone inquiring about an apt that I rented out about a week ago. The link came through "Urban Renters". When I went to their site, sure enough, there was my apt for rent. They basically copied and pasted the text that I had written along with one pic, my...

thanks for responding. For some reason I thought there were more REIN members investing in the Montreal area. Would love to find out more about the landlord/tenant restrictions.

QUOTE (housingrental @ Jul 22 2010, 08:42 AM) Cash flow is often a function of debt structure..... A good chunk of multi-family Toronto landlords have low leverage on purchases I calculate in the interest on my down payment so leverage so basically all my numbers are calculated based on 100%...

I have a triplex with td meloshe monex. They are fully aware of the rental status. It is through my jv partner who has their principal residence with them as well. We were told they would do up to 5 properties as long as you have your principal residence with them. That was 2007, so I`m not sure...

Paul, Okay, I completely agree with the "use a lot of pictures" part, but... "Soak in the sun and feel its rays drench your body with warmth as you relax in your private west facing backyard!" that feels way over-selling to me, like I would be severely underestimating the intelligence of my...

hi, I`m just wondering if anyone is investing in the Montreal area. I have a friend that owns a dulpex and wants to buy more. I don`t know much about Quebec other than the fact that have pretty strict rent control rules. I would love to speak with an experienced investor in the area and ask a...

QUOTE (investorp @ May 18 2010, 02:34 PM) Hi All! I`m considering putting an offer for a multi-family house in Toronto.Main problem is the zoning. The seller cannot warren that it`s legal so I`m assuming is not.I wanted to back off the deal but the seller is trying to convince me that it`s...

why is your tenant placing the ad and showing the apt and not you? Is it because you live out of town? You should still be the one creating and placing the ad and pre-screening tenants before they even see the apt. If you are too busy to do put an ad online yourself, then hire a qualified...

QUOTE (bizaro86 @ Apr 12 2010, 08:27 AM) I would recommend against doing an insert, as its expensive. I did extensive research on the subject when we renovated our condo here in Calgary, and I found a lot of complaints about the quality of inserts as well, how they don`t always hold up well over...

congrats Ed! that`s great! Terri

QUOTE (Nicola @ Jan 14 2010, 03:45 AM) Hi Terri, I`ve had this issue too with Kijiji, but have been using Craiglist. Now, however, Craiglist is asking me for a Canadian phone number to which it will send a code which I need to enter in order to post. Did this happen to you, too? Thanks, Nicola...

I thought I would share this information with everyone. I was recently in Mexico when I got an email from one of my tenants saying that they were going to be moving. As I had photos on the laptop with me, I decided to not wait 5 days until I returned home, but post an ad right away. I was...

QUOTE (ogopogo7bc @ Nov 10 2009, 09:11 PM) I moved to Thunder Bay last year.I have purchased 4 small apartment buildings and am in the middle of purchasing one more.The vacancy rate is now at 1.8 and falling.It is getting harder to find properties here.I would be happy to talk with your friend...

hi, I have a friend that is moving to thunder bay and looking to buy an investment property near the university. Are there any experienced rein members that currently invest there that I could put him in touch with? Thank you, Terri